Question

Listen A system of integrated elements acting together to provide reasonable assurance that an organization achieves business process goals is called:

a) business security management . b) enterprise resource planning .
c business practice management .
d) internal control .

Answer 1

A system that ensures an organization achieves its business process goals is known as internal control and is fundamental to corporate governance and risk management.

Step-by-step explanation:

A system of integrated elements designed to provide reasonable assurance that an organization achieves its business process goals is called an internal control. This system of controls includes procedures, policies, and checks that help ensure the effectiveness and efficiency of operations, the reliability of financial reporting, and compliance with applicable laws and regulations. Option (d) internal control is the correct answer. Internal controls play a critical role in corporate governance and risk management. They are foundational in preventing and detecting errors or fraud within a company's processes and reports.

The correct answer is d) internal control. Internal control encompasses the policies, procedures, and processes implemented by management to provide reasonable assurance regarding the achievement of an organization's business process goals. It involves the integration of various elements, such as risk assessment, control activities, information systems, and monitoring.